AFE Reporting & Analysis

Quickly create AFEs of various types using AFE templates to assure consistency and accuracy.

Product Details

WellCycle’s AFE (Authorization for Expenditure) solution provides oil and gas companies with a centralized solution to manage the AFE process, from creation through approval. The solution streamlines the entire AFE process to simplify AFE creation and expedite the time to approval. All AFEs are stored in a central repository to eliminate redundancy across applications and provide a “single source of the truth” for AFE information.

The system provides Web-based access to a central repository of AFEs, facilitating visibility, collaboration, and smooth handoffs between the disciplines involved in the AFE approval process. All AFEs are managed through a consistent approval process to enforce sound governance and SOX compliance.

On Premise or In the Cloud – WellCycle solutions can be accessed through the cloud in our world-class, SSAE 16 certified data center, or installed on premise in your internal data center. Learn more about the WellCycle Cloud